ETH breaks through the $3500 mark
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OKX-ETH/USDT is currently trading at $3498.10, with a 5-minute increase of 0.23%. Please be aware of market fluctuations.
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OKX-ETH/USDT is currently trading at $3498.10, with a 5-minute increase of 0.23%. Please be aware of market fluctuations.
[Walnut Capital Announces Strategic Investment in EdgeAI Labs to Drive Decentralized AI and Edge Computing Development] On November 13, Walnut Capital Limited (Stock Code: 0905.HK) announced a strategic investment in EdgeAI Labs. This move will accelerate the development of EdgeAI Labs' decentralized platform, expand its global influence, and provide developers, enterprises, and individual users with more scalable and secure AI solutions. EdgeAI Labs focuses on AI agent technology that operates on user devices, reducing reliance on centralized cloud infrastructure while ensuring data privacy and security. Walnut Capital's investment will also help EdgeAI Labs enhance its solution architecture, accelerate the global deployment of decentralized edge nodes, and improve operational capabilities.
[Goldman Sachs: U.S. Macro Data Release May Be Delayed Until Next Week] On November 13, key U.S. macroeconomic data originally scheduled for release tonight, including the October unadjusted CPI year-over-year, October seasonally adjusted CPI month-over-month, and initial jobless claims for the week ending November 8, may be delayed. Although President Trump has signed a bill to end the U.S. government shutdown, Goldman Sachs expects these data will still be difficult to release on schedule. The Bureau of Labor Statistics may update the data release schedule early next week. Goldman Sachs also anticipates delays in the release of other important data and believes that once the data freeze period ends, the newly released macroeconomic data may indicate a slowdown in the labor market, an inflation rate higher than the Federal Reserve's target, and positive but not robust economic growth.
[Monetary Authority of Singapore and German Central Bank Sign Memorandum of Understanding on Cross-Border Settlement of Digital Assets] The Monetary Authority of Singapore disclosed that it has signed a Memorandum of Understanding with the German Central Bank to collaborate on cross-border settlement of digital assets. The collaboration includes developing settlement solutions to reduce the cost and processing time of cross-border transfers between Singapore and Germany, as well as promoting universal standards for cross-border payments, foreign exchange, and tokenized asset securities flows to enhance the interoperability of digital asset platforms.
[Taiwan to Audit Government Bitcoin Holdings and Assess Reserve Plan by Year-End] Taiwan Premier Cho Jung-tai pledged during a comprehensive financial inquiry at the Legislative Yuan to complete a report by year-end on the total amount of Bitcoin held by domestic agencies. He will also collaborate with Central Bank Governor Yang Chin-long to propose an evaluation report on Bitcoin reserves. Legislator Ke Ru-jun suggested that judicial authorities temporarily hold confiscated crypto assets and incorporate Bitcoin into the national strategic reserves. Additionally, regarding the slow progress of the 'Virtual Asset Management Act' (VASP-specific legislation), the Financial Supervisory Commission stated that stablecoin regulations involve monetary sovereignty and require a well-established framework before advancing. Legislators urged the government to accelerate virtual asset regulations and industry development.
[Long-term BTC short whale funding rate profit of $8.97 million, unrealized profit of $10.05 million] On November 13, according to monitoring by HyperInsight, the whale address (0x5D2), which has repeatedly opened BTC short positions, opened a 20x BTC short position on May 9 and has accumulated $8.97 million in profit through funding rate settlements. Currently, the BTC holdings of this address are valued at approximately $127 million, with unrealized profits of $10.05 million (160%) and an average holding price of $111,500. This address ranks first in BTC short positions on the Hyperliquid platform. Previously, this address opened large BTC short positions four times this year, resulting in a total loss of approximately $5.48 million. For this short position, 40% of the position was partially closed for profit-taking after October 11, recording a profit of approximately $5.17 million.